While the state of New Jersey is moving towards marijuana legalization, it being a federally illegal substance makes a marijuana dispensary or adult cannabis use business more unique than a typical business or startup.

Industry businesses face a ripple effect when it comes to business operations, including banking challenges, tax issues, credit card processing, more frequent audits, background checks, HR challenges, and more. Alloy Silverstein’s cannabis accountants and advisors have been preparing for legalization in recent years by conducing tax and business research, closely monitoring legislation, learning from CPA firms in legal states, and building industry relationships. Whether a dispensary is just an idea you want to pursue, or you have already opened one and are already facing the many business, cash, and tax challenges, turn to an experienced business advisor for guidance and clarity.